Amazon’s “Help me Decide” AI and more Marketplace News #LTM130

Amazon introduces its new AI feature “Help Me Decide” – a shopping assistant that uses your browsing and search history to make suggestions for your next purchase. In addition to this news, Valerie and Ingrid also discuss why Bauhaus only launched its marketplace after two years of development and whether the DIY market is too late to the party. They talk about a real early starter in the refurbished goods market, namely refurbed and its planned expansion into the UK. They also take a look at Zalando's market entry in Portugal and what it means for the market there. And they talk about the highly astonishing figures that can be gleaned from the transparency reports of the Very Large Online Platforms (spoiler: Aliexpress is much bigger than most people think).

Here is the link to all the VLOP figures: https://marketplace-universe.com/chinese-platforms-in-europe/ 

Note from the sponsor base:

Central and Eastern Europe, global giants like Aliexpress and Temu are making waves, but it's local heroes that truly dominate the scene: Allegro leads the pack in Poland with over €12 billion in GMV, eMAG is a powerhouse in Romania, and Heureka has expanded from a price comparison site to a marketplace giant in the Czech Republic and Slovakia. And with platforms like Aliexpress, Temu, and Shein continuing to grow, CEE has become the perfect playground for e-commerce opportunities. If you want to learn more, join our webinar “Cracking the CEE Code: Marketplace Strategies for Central & Eastern Europe” on November 18th at 11 AM – Together with our partner Base we’ll dive into all the details on marketplace strategies across Central and Eastern Europe. Register right now here! https://zoom.us/webinar/register/8617538153683/WN_X14-bg1HTQOQbfMZSWNJ5w#/registration

Note from the sponsor eBay:

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